Opportunity Knocks… for “Beneficial” Electrification (Webinar)

Most credible analyses indicate that electrifying vehicles, appliances, and machines that are currently powered by fossil fuels will be critical to decarbonizing the economy enough to reduce global climate threats.

Electrification also offers other big benefits beyond environmental gains. It can provide new business opportunities for power providers, may ease management of the electricity grid, and can save utilities and consumers money.

No wonder the term “electrification” appears to be the buzzword of the day.

But not all electrification is created equal. Many may see electrification simply as load growth. Finding the sweet spot that results in beneficial electrification—electrification that maximizes the full range of societal benefits available—can be tricky. Indeed, it could emerge as a critical task for regulators and policymakers in the coming years.